Fourth quarter economic forecast: economic pace picks up in wake of national election.

The best thing that happened to the national economy in the last not many months is the end of the presidential campaign. Regardless of who won the extremity of election season ended uncertainty--and uncertainty is bad for the economy. The local economy will benefit from the passing of election season because the national economy now is independent to move on.

Uncertainty causes firms and individuals to prorogue taking action on a variety of things. The economy always functions amid a certain quantity of degree of uncertainty, but in the period after 9/11 the horizontal of uncertainty has been unusually high. There is little